Here's What to Expect From Fastenal’s Next Earnings Report

Fastenal Company (FAST) is a Minnesota-based industrial supply and distribution company founded in 1967. Valued at approximately $48.1 billion by market cap, it operates as a leading wholesale distributor of industrial and construction supplies, offering a broad range of products such as threaded fasteners, miscellaneous hardware including pins, machinery keys, concrete anchors, wire ropes, rivets and related accessories that serve manufacturing, construction, maintenance, repair and operations (MRO) needs across diverse end markets. 

The industrial sector giant is expected to release its fourth-quarter results next month. Ahead of the event, analysts expect FAST to deliver an adjusted EPS of $0.26, up 13% from $0.23 reported in the year-ago quarter. The company has a mixed earnings surprise history. While it has met or exceeded Street’s bottom-line estimates twice over the past four quarters, it has missed Street's projections on two other occasions.